25Mar3:26 pmEST

Final Hour Chess Moves

Here are two quick final hour trades to post.

I sold a small piece of FAZ long here at $12.51 from $11.97 entry yesterday. I am now down to 1/2 position of the original, letting it ride with the financials still weakening here. 

I also sold my $JNUG long at $22.11 from $22.16 entry on Monday for a few pennies loss. I did not see much movement from the miners since my entry and will reassess the group again tomorrow. I was playing for an imminent squeeze higher but did not get it, so I will flatten out and look for fresh entries if the action keeps improving. 

UPDATE: I went long UVXY (ultra-long volatility) at $15.53 with a stop-loss below $14.30 for a risky swing trade, playing for fear to spike. 

UPDATE II: Sold 1/3 of the $UVXY long here at $15.85 into the bell from $15.53 entry posted earlier to scale initial gains. Will swing the rest. 

The Claws Are Ready Stock Market Recap 03/25/15 ...

 
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